Columbia Ultimate Announces ManageMed 4.0 for Healthcare Collections

VANCOUVER, Wash. – Columbia Ultimate, an expert in technology and integrated solutions for the collection industry, today announced the release of ManageMed 4.0, its latest version of a comprehensive insurance and self-pay account management system designed specifically for healthcare collections.

Collection agencies that specialize in healthcare and hospitals already rely on ManageMed to set-up workflows by service, payer, financial class or facility, and automate self-pay and interim follow-up on accounts. As a result, ManageMed increases collector productivity, and significantly reduces collection timeframes from both patients and insurance companies.

“ManageMed 4.0 provides us with new capabilities to gain even better visibility, management and tracking of accounts—resulting in overall productivity improvement,” said Julie VanPelt, Operations Manager, MedPay Management Systems. “In addition, the Client Care team was attentive to our needs as we went through the pre-release process,” added VanPelt.

Highlights of ManageMed 4.0 new features and enhancements include:

• Insurance eligibility integration with Emdeon for maximizing collections and optimized follow-up on past due patient accounts;
• Document imaging through Compass e-documents’ software that captures both paper and electronic documents like emails, faxes and Microsoft Office files; 
• Security improvements that offer managers better control of the AR process, including Role Profile capability that assigns system users, managers, administrators and collectors specific permissions level;
• Account Flow Management enhancement that enable managers to control which strategies can be applied by individual users for optimal efficiency and side action strategies to allow collectors to perform a series of actions on accounts without removing the account from its active strategy.  More than a dozen new AFM actions have also been added to ManageMed 4.0.

“We are pleased to announce the availability of ManageMed 4.0, which will deliver our clients a higher level of control in navigating the complexities of healthcare collections,” said R. Fred Houston, president and CEO of Columbia Ultimate.  “ManageMed 4.0 offers users a range of new functions and enhanced features designed to streamline accounts receivable management processes, boost collector productivity, and improve success rates in recovering accounts.”

About Columbia Ultimate
Columbia Ultimate is an expert in delivering integrated technology solutions and services for enhancing business intelligence, maximizing performance and profitability for the collection industry.  Since 1979, the company has led ongoing innovation in debt collection software technology delivering results-oriented offerings that empower organizations to effectively manage and address new and growing challenges in an ever-increasing competitive collection environment. Today, collection agencies, banks, healthcare and retail organizations, along with state, county and local governments across the country rely on Columbia Ultimate for their collection needs. Columbia Ultimate is privately held with headquarters in Vancouver, Wash. For more information, visit www.columbiaultimate.com.